Insider Buying: Smiths Group (LON:SMIN) Insider Purchases £1,765.40 in Stock

Smiths Group plc (LON:SMIN) insider Richard Howes purchased 70 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was bought at an average price of GBX 2,522 per share, with a total value of £1,765.40.

Smiths Group Stock Up 0.8%

LON:SMIN opened at GBX 2,550 on Thursday. Smiths Group plc has a twelve month low of GBX 1,514.66 and a twelve month high of GBX 2,552. The company has a market cap of £8.26 billion, a price-to-earnings ratio of 29.89, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The stock has a fifty day simple moving average of GBX 2,396.81 and a 200-day simple moving average of GBX 2,262.57. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 29.55.

Smiths Group (LON:SMIN) last announced its quarterly earnings results on Tuesday, September 23rd. The company reported GBX 85.70 EPS for the quarter. Smiths Group had a return on equity of 11.54% and a net margin of 7.98%. Analysts anticipate that Smiths Group plc will post 85.1295337 EPS for the current year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of Smiths Group in a research note on Friday, October 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Smiths Group has a consensus rating of “Buy”.

About Smiths Group

Smiths Group plc operates as an industrial engineering company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.